Vacant Lot For Sale Lumbia Cagayan De Oro City (3450 Sq. M) Good Investment (MD796951)
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FOR SALE is a strategically located vacant lot ideal for mixed-use building for both commercial and residential use, for land subdivision and for many other purposes.
LOCATION: Just 20 to 30 meters or 5-minute walk from the Cagayan de Oro Domestic Airport, you can even see the runway from the lot. It is 2 to 3 kilometers from the uptown commercial, recreational and residential district of Cagayan de Oro that includes a golf course, a mall, several high and medium-end residences.
It is also a jump off point to the White Water Rafting site of the city (10-15 kilometers from the lot), one of the best rapids in the country that is flocked by tourists from all over the world all year round.
THE AREA: 3,450 square meters
IDEAL LOCATION for a TRAVELERS LODGE, A GASOLINE STATION OR A RESIDENTIAL/BUSINESS BUILDING that puts you right in the middle of where the action is.
THE PRICE: It is for sale at this time at the rate of only P1275 per square meter while neighboring areas/properties are already selling at the starting price of at least P3,500 per square meter.
The low price is due to the gently sloping portion and undeveloped area of the lot that needs some filling materials (which costs about a few thousands of pesos and we do not have funds for that particular purpose).
Depending on the prospective buyer and/or developer, filling up the sloping area may not be necessary as the building may be constructed following the area’s contour applying current green building technology. This could be an added factor to the building’s attraction.
One thing is sure the property’s value will definitely, easily triple or even quadruple within the next years.
If interested or need more information please contact:
Atty. Virgilio A. Galarrita, Jr.or
Atty. Charisse A. Galarrita